Lufthansa sells four A340-300s
Lufthansa has sold four A340-300s to Deucalion Capital. Despite the documented difficulties with the A340, A340-300s remain an easily transferable asset due to their CFMi engines and the ability to re...
Lufthansa has sold four A340-300s to Deucalion Capital. Despite the documented difficulties with the A340, A340-300s remain an easily transferable asset due to their CFMi engines and the ability to re...
UK-based regional carrier Flybe plans to sell its 60% stake in Flybe Nordic, its Finnish operation with partner Finnair, for a symbolic €1 due to “unacceptable and deteriorating” losses. The sale is e...
Yesterday Virgin Australia closed its first unsecured bond. The airline launched a $300 million offering of five-year (non-call life) senior notes with price talk around 8.5%. Goldman Sachs is the sol...
Singapore Technologies Engineering Ltd (ST Engineering) has reported revenues of $1.55bn but a 10% drop in gross profit to $151.7m, and an 8% decline in net profit to $121.3m Revenue for the Aerospace...
China Aircraft Leasing Company (CALC), the leading independent aircraft operating lessor in China, has signed a Memorandum of Understanding (MoU) with Airbus for 100 A320 Family aircraft. The commitme...
Singapore Airlines (SIA) has denied it has plans to takeover Tigerair in full in the short-term but it has not ruled doing so in the future. SIA owns 40% of Tigerair and is providing the airline with ...
Cathay Pacific Airways is bracing for disruption to its flight schedule over the busy winter holiday period as its unionised pilots voted to continue with its contract compliance or “work-to-rule” cam...
David P. Storch, Chairman and Chief Executive Officer of AAR has been named to the President’s Advisory Council on Doing Business in Africa, a 15-member panel of private sector business leaders charge...
Air Canada has ordered two additional 777-300ER (Extended Range) airplanes. The order, previously listed as unidentified on Boeing’s Orders & Deliveries website, is valued at $660 million at list pric...
CIT Aerospace signed a total of 22 agreements in the third quarter of 2014 for the current and future leases of commercial aircraft. CIT Aerospace delivered 20 aircraft, including new and used aircraf...
During the third quarter, Air Lease Corporation reported another consecutive quarter of fleet, revenue and profitability growth. Diluted EPS increased 26% to $0.58 per share for the three months ended...
A wholly-owned subsidiary of Air Lease Corporation (ALC) has entered into a joint venture with a co-investment vehicle (the JV Partner) arranged by Napier Park Global Capital (US) (Napier Park) for th...
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